Business

Markets Set New Record Highs In Early Trade

The benchmark equity indices Sensex and Nifty touched fresh lifetime highs in early trade on Wednesday, owing to strong global market trends, and foreign capital inflows.

The BSE Sensex inched up 214.10 points, or 0.27 percent to 77,515.24. The NSE Nifty went up 34.60 points, or 0.14 percent to 23,592.50.

Zomato, Induslnd Bank, ICICI Lombard, Torrent Pharma, ICICI Bank, Avenue Supermarts, JSW Steel, Kotak Mahindra Bank, Axis Bank, and HDFC Bank were the top gainers.

Among the laggards were HAL, Bharat Electronics, Titan, Adani Power, LIC, BPCL, Adani Energy Solut., RECL, and Power Finance Corp.

In Asian markets, Singapore, Tokyo, South Korea, Hong Kong, Indonesia, and Taiwan were trading higher, while Shanghai, Thailand, and Malaysia were trading lower.

US markets ended higher on Tuesday.

European markets closed with gains on Tuesday.

Brent crude gained 0.01 percent to USD 85.34 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) bought equities worth Rs 2,569.40 crore on Tuesday.

On Tuesday, the Sensex climbed 334.21 points, or 0.43 percent to 77,326.98, while the Nifty advanced 95.10 points, or 0.40 percent to 23,560.70.

Also read: US And UK Forces Strike On Yemen Airport, Kamaran Island

Spriha Rai

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